HomeMost PopularCanadian Utilities's Preferred Shares Series 4 Crosses Above 4% Yield Territory

Canadian Utilities's Preferred Shares Series 4 Crosses Above 4% Yield Territory

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In trading on Thursday, shares of Canadian Utilities Ltd’s Cumulative Redeemable Preferred Shares Series 4 (TSX: CIU-PRC.TO) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.573), with shares changing hands as low as $14.00 on the day. As of last close, CIU.PRC was trading at a 42.24% discount to its liquidation preference amount.

The chart below shows the one year performance of CIU.PRC shares, versus CU:

Performance Comparison Chart

Below is a dividend history chart for CIU.PRC, showing historical dividend payments on Canadian Utilities Ltd’s Cumulative Redeemable Preferred Shares Series 4:

CIU.PRC+Dividend+History+Chart

In Thursday trading, Canadian Utilities Ltd’s Cumulative Redeemable Preferred Shares Series 4 (TSX: CIU-PRC.TO) is currently up about 3.1% on the day, while the common shares (TSX: CU.TO) are down about 0.4%.

nslideshowClick here to find out which 9 other Canadian dividend stocks just recently went ”on sale” and crossed into new yield territory »

Also see:

• Best High Dividend Stocks
• NXE shares outstanding history
• SPHY market cap history

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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